SOLD FOR $1,190,000
Listed at $1,188,888 · Sold 0.1% above asking · Closed January 6, 2021
48-21 5th Street #2K
MLS® #RLS10651375
Listing by The Corcoran Group
2
Bedrooms
2
Baths
1,135
Sq. Ft.
2007
Year Built
Quick Summary
Property Highlights
- Exposure: West facing
- Outdoor Space: Building Terrace
- Climate Control: Wall Units
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Jul 24, 2020 | $1,375,000 | - |
| Currently | Apr 22, 2026 | $1,188,888 | -13.5% |
Description
This is the condo you have been waiting for! Hands down the best 2 bedroom, 2 bathroom deal in all of LIC with optional parking. This stunning and newly-renovated 1,135 SF home is located just one block from the East River promenade. The remodeled kitchen features gorgeous fixtures, granite countertops/backsplash and all new appliances: Bosch dishwasher and oven, LG microwave, Kenmore Elite refrigerator, deep Kohler sink with Delta touch technology plus Insinkerator garbage disposal. Both bedrooms are spacious in size. The master bedroom comfortably fits a king size bed and has a separate dressing area with abundant closet space. The 2 full bathrooms have also been renovated. The master bathroom features a marble tiled shower with bench and there are new floors, tiles, fixtures, vanities, sinks and recessed medicine cabinets in both bathrooms. Additional features include brand-new Nest Smart PTAC units and custom Hunter Douglas blinds in every room. This residence has been owner occupied since construction and meticulously maintained. *421-A tax abatement through July 1, 2024. Separately-deeded parking space is available for additional $100,000. The Gantry is Long Island City's premiere boutique condominium in prime Hunter's Point location. The 47-unit elevator building offers on-site parking, gym, residents' lounge and furnished roof deck with gas grill, full-time live-in Superintendent, building porter and 24-hour door coverage (part-time door staff + virtual doorman). This property is within close proximity to the 7, G, E and M trains as well as two East River ferry lines. The neighborhood boasts 2 Michelin-star restaurants, an abundance of dining and recreational options, parks, Hunters Point Library, MOMA PS1, the Noguchi museum and other cultural interests all within a short distance of the Gantry. Showings by appointment only.
Features & Amenities
Interior Features
Exterior Features
Appliances
Building Information
Financial Details
About Long Island City
View All Long Island City ListingsLong Island City sits directly across the East River from Midtown Manhattan, reachable in one stop on the 7 train. LIC has added more than 12,000 residential units since 2015, transforming former industrial blocks into a corridor of glass-tower condos, converted loft co-ops, and rental high-rises along the waterfront. Gantry Plaza State Park, MoMA PS1, and the Hunters Point Library anchor the neighborhood’s cultural identity. Median condo prices run roughly 30-40% below comparable Manhattan waterfront units, drawing both first-time buyers and investors looking for appreciation in one of the city’s highest-growth zip codes.
Long Island City Live Market Data
View NeighborhoodActive Listings
166
Median Asking Price
$1.20M
Median $/Sqft
$1,525
Avg Days on Market
N/A
New This Week
10
Price Reduced
17%
Sold (30 Days)
13
Median Sale Price
$1.24M
Live data from RLS at REBNY • Updated 4/22/26, 8:07 AM EST
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Location
48-21 5th Street #2K, Long Island City, Queens County • Near 48th Avenue & 49th Avenue
Floor Plans
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)
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Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed common charges are $974 per month. Confirm the exact amount with the listing broker before making an offer.
The current listed annual property tax is $3,588, or roughly $299 per month. Verify the current assessment with your attorney before closing.
This property has 2 bedrooms and 2 full bathrooms.
The listed interior living area is 1,135 square feet. Verify dimensions independently during due diligence.
According to MLS records, the building was constructed in 2007, making it approximately 19 years old.
This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.
Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.
At the current list price of $1,188,888 for 1,135 sq ft, the asking price per square foot is approximately $1,047. This figure is for reference only and may differ from appraised or assessed values.
To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.
Have a question not answered here?
(917) 416-7433Listing Courtesy of The Corcoran Group - Rick Kelly
Listing Contact: (917) 204-6577
Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.
Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.
RLS Data display by Keller Williams NYC. Data last updated on 4/22/2026 at 12:07 PM UTC